Gulf Winds Cares Foundation Incorporated
- Assets
- $2.2m
- Revenue
- $202.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Pensacola, FL
- Founding
- Data as of
- 12/2022
- EIN
- 85-1861244
Organization Overview
Gulf Winds Cares Foundation Incorporated is located in Pensacola, FL. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gulf Winds Cares Foundation Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Gulf Winds Cares Foundation Incorporated generated $202.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 71.7% each year .
Since 2021, Gulf Winds Cares Foundation Incorporated has awarded 55 individual grants totaling $294,751. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kurt Stenerson President | 1.5 | $0 | |
Lee Ann Allen Vice President | 1.5 | $0 | |
Mylene Kaibigan Treasurer | 1.5 | $0 | |
Vanessa Rodgers Secretary | 1.5 | $0 | |
Frank Giammaria Director | 1.5 | $0 | |
Kiersten Lee Director | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $183,770 |
| Interest on Savings | $18,670 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $202,440 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $673 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $910 |
| Other expenses | $9,271 |
| Total operating and administrative expenses | $14,877 |
| Contributions, gifts, grants paid | $163,253 |
| Total expenses and disbursements | $178,130 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,214 |
| Savings and temporary cash investments | $2,108,602 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,174,816 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Gulf Winds Cares Foundation Incorporated has awarded $163,253 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY PURPOSE: OPERATIONAL EXPENSES | $1,500 |
AMERICA'S SECOND HARVEST OF THE BIG BEND PURPOSE: ANNUAL FUNDING | $6,000 |
ASCENSION SACRED HEART FOUNDATION PURPOSE: 2022 RADIOTHON | $5,000 |
BANZAI INC PURPOSE: SCHOOL SPONSORSHIPS | $10,503 |
BIG BROTHERS BIG SISTERS OF NORTHWEST FLORIDA PURPOSE: OPERATIONAL EXPENSES | $5,000 |
BIG BROTHERS BIG SISTERS OF THE BIG BEND PURPOSE: OPERATIONAL EXPENSES | $2,000 |